11411 Smathers Cir
Coral Gables, FL 33156 · single_family · Pending — under contract · 54 days on market
Asking price$2,100,000
3 beds 3 baths 2,453 sqft
Suggested offer$1,671,595$428,405 above the est. market value of $1,671,595.
View on Realtor.com →Listed by Stephen Hachey · Flat Fee MLS Realty
Typesingle_family
Built2007
Price / sqft$856
Est. value (own analysis)$1,671,595
Rent estimate (own analysis)$7,150/mo
HOA$887/mo
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-10
Removed date—
MLSMiamiMLS #A12050001
Coordinates25.66500, -80.28210
Address11411 Smathers Cir
CityCoral Gables
StateFL
Zip33156
Listing ID5584051911
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33156)
Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $2,100,000 |
| Down payment (20.0%) | $420,000 |
| Loan amount | $1,680,000 |
| Closing costs (5.0%) | $105,000 |
| Total cash to close | $525,000 |
| Income | |
| Rent (comp-derived) | $7,150$85,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,578$78,936 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,325$39,900 |
| Insurance (est. scaled by flood & wind risk) | $2,240$26,880 |
| HOA dues | $887$10,644 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $358$4,290 |
| Total operating expenses | $6,810$81,714 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $358$4,290 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,806 | $5,400 | 2026-08-11 | — | |
| single_family | 3 | 2 | 1,702 | $5,499 | 2026-06-01 | — | |
| single_family | 3 | 2 | 2,403 | $7,400 | 2026-07-31 | — | |
| single_family | 3 | 2 | 1,649 | $5,000 | 2026-08-03 | — | |
| single_family | 3 | 3 | 1,921 | $8,350 | 2026-08-24 | — | |
| single_family | 3 | 2 | 2,009 | $6,900 | 2026-03-26 | — | |
| single_family | 3 | 2 | 2,480 | $7,800 | 2026-06-17 | — | |
| single_family | 3 | 2 | 2,184 | $9,975 | — | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 8331 SW 100th St | single_family | 3 | 2 | 1,191 | $173,370,070 | 2026-08-21 |
| 8005 SW 106th St | single_family | 3 | 2 | 2,920 | $1,375,000 | 2026-08-12 |
| 13200 SW 83rd Ave | single_family | 3 | 2 | 2,492 | $1,225,000 | 2026-08-07 |
| 12515 SW 85th Avenue Rd | single_family | 3 | 2 | 1,379 | $400,000 | 2026-08-07 |
| 8340 SW 96th St | single_family | 3 | 2 | 1,999 | $1,300,000 | 2026-08-03 |
| 8200 SW 102nd St | single_family | 3 | 2 | 2,112 | $1,775,000 | 2026-07-30 |
| 12420 SW 69th Ave | single_family | 3 | 2 | 1,467 | $1,575,000 | 2026-07-28 |
| 8889 SW 78th Ct | single_family | 3 | 3 | 2,246 | $1,285,000 | 2026-07-10 |
| 1140 San Pedro Ave | single_family | 3 | 2 | 3,079 | $5,891,667 | 2026-07-08 |
| 11220 SW 74th Ave | single_family | 3 | 2 | 2,115 | $1,700,000 | 2026-06-30 |
| 9830 SW 69th Ave | single_family | 3 | 2 | 1,996 | $1,625,000 | 2026-06-30 |
| 13276 SW 58th Ct | single_family | 3 | 3 | 2,625 | $1,575,000 | 2026-06-26 |
| 8640 SW 125th St | single_family | 3 | 2 | 1,760 | $849,833 | 2026-06-24 |
| 11625 SW 70th Ave | single_family | 3 | 2 | 1,942 | $2,000,000 | 2026-06-22 |
| 7830 SW 99th St | single_family | 3 | 2 | 1,287 | $1,000,000 | 2026-06-08 |
| 7260 SW 131st St | single_family | 3 | 2 | 1,708 | $1,300,000 | 2026-06-03 |
| 12300 SW 63rd Ave | single_family | 3 | 2 | 2,222 | $1,500,000 | 2026-05-14 |
| 7321 SW 123rd St | single_family | 3 | 2 | 1,842 | $1,160,000 | 2026-05-06 |
| 7819 SW 89th Ln | single_family | 3 | 4 | 2,593 | $1,550,000 | 2026-05-01 |
| 8300 SW 119th St | single_family | 3 | 2 | 1,710 | $1,085,000 | 2026-04-22 |
| 12615 SW 84th Avenue Rd | single_family | 3 | 2 | 1,364 | $546,000 | 2026-04-16 |
| 7812 SW 88th Ter | single_family | 3 | 3 | 1,994 | $1,100,000 | 2026-04-10 |
| 8001 SW 133rd St | single_family | 3 | 3 | — | $1,400,000 | 2026-04-10 |
| 9315 SW 72nd Ave | single_family | 3 | 2 | 1,436 | $1,500,000 | 2026-04-06 |
| 13400 SW 78th Ct | single_family | 3 | 2 | 2,050 | $1,340,000 | 2026-03-26 |
| 8260 SW 133rd St | single_family | 3 | 2 | 1,849 | $1,260,000 | 2026-03-25 |
| 12820 SW 83rd Ct | single_family | 3 | 2 | 2,396 | $1,750,000 | 2026-03-23 |
| 8025 SW 133rd St | single_family | 3 | 2 | 1,518 | $1,200,000 | 2026-03-03 |
| 8318 SW 131st St | single_family | 3 | 2 | 1,044 | $1,050,000 | 2026-03-02 |
| 11820 SW 69th Ct | single_family | 3 | 2 | 1,522 | $1,925,000 | 2026-02-09 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 9125 SW 77th Ave Unit 802 | condos | 3 | 2 | 1,280 | $408,000 | — |
| 7820 SW 89th Ln | single_family | 3 | 4 | 2,246 | $1,499,999 | — |
| 7265 SW 89th St Apt A314 | condos | 3 | 2 | 1,529 | $595,000 | — |
| 10830 SW 79th Ave | single_family | 3 | 2 | 1,771 | $1,220,000 | — |
| 10625 SW 79th Pl | single_family | 3 | 2 | 1,942 | $1,290,900 | — |
| 11054 SW 79th Path | townhomes | 3 | 3 | 2,249 | $1,099,000 | — |
| 7711 SW 94th Ter | townhomes | 3 | 3 | 1,368 | $649,000 | — |
| 8430 SW 88th St | single_family | 3 | 2 | 2,047 | $1,399,999 | — |
10-year hold projection
IRR-7.4%
Equity multiple-0.25x
Total return (10yr)-$381,843
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,163,000 | -$2,778 | -$136,622 | $1,661,785 | $501,215 |
| 2 | $2,227,890 | -$2,453 | -$136,404 | $1,642,319 | $585,571 |
| 3 | $2,294,727 | -$2,108 | -$136,168 | $1,621,517 | $673,210 |
| 4 | $2,363,569 | -$1,742 | -$135,915 | $1,599,286 | $764,283 |
| 5 | $2,434,476 | -$1,354 | -$135,643 | $1,575,528 | $858,947 |
| 6 | $2,507,510 | -$943 | -$135,351 | $1,550,139 | $957,371 |
| 7 | $2,582,735 | -$509 | -$135,038 | $1,523,007 | $1,059,729 |
| 8 | $2,660,217 | -$51 | -$134,704 | $1,494,011 | $1,166,206 |
| 9 | $2,740,024 | $433 | -$134,347 | $1,463,024 | $1,277,000 |
| 10 | $2,822,224 | $944 | -$133,967 | $1,429,909 | $1,392,316 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.